Question
Consider the following for Q Co. for the year 2021-22: • Cost of goods available for sale: ₹1,00,000 • Total sales: ₹80,000 • Opening inventory: ₹20,000 • Gross profit margin on sales: 25% Closing inventory of goods for the year 2021-22 is:
More Financial Management Questions
- Which among the following is a numerical measurement that is used to predict the chances of a business going bankrupt in the next two years.
- As per the FY 2024–25 Annual Report of IIFCL, which of the following platforms can be used to register complaints under its grievance redressal mechanism? ...
- At what periodicity are banks are required to submit Basel III Liquidity return on Liquidity coverage ratio (BLR-I)?
- Which of the following tools is used specifically for "Fine-tuning" liquidity beyond the main 14-day operations?
- In the Asset Classification framework, which of the following is considered a Loss Asset?
- What is the primary objective of the Securities and Exchange Board of India (SEBI)?
- Which of the following term is used to describe the conditions imposed by the lender on the borrower that certain activities will or will not be carrie...
- Under the ZED Certification Scheme, what is the cost of obtaining a Silver certification?
- Which of the following is true regarding the General Insurance Business (Nationalization) Act, 1972?
- The system used by RBI to conduct auctions of Government Securities, Treasury Bills, and State Development Loans, and to settle LAF operations, is known as...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)